Capital Investment Advisors LLC Sells 1,500 Shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)

Capital Investment Advisors LLC trimmed its position in shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) by 3.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,644 shares of the company’s stock after selling 1,500 shares during the period. Capital Investment Advisors LLC’s holdings in RiverNorth Capital and Income Fund were worth $718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RSF. Alpine Global Management LLC bought a new position in shares of RiverNorth Capital and Income Fund during the 1st quarter worth approximately $1,170,000. Sea Otter Advisors LLC boosted its position in RiverNorth Capital and Income Fund by 140.0% during the second quarter. Sea Otter Advisors LLC now owns 120,000 shares of the company’s stock worth $1,843,000 after purchasing an additional 70,000 shares during the period. Finally, Waverly Advisors LLC bought a new position in RiverNorth Capital and Income Fund during the first quarter worth $2,501,000.

RiverNorth Capital and Income Fund Stock Up 0.9 %

RiverNorth Capital and Income Fund stock opened at $15.48 on Monday. RiverNorth Capital and Income Fund, Inc. has a 12 month low of $14.90 and a 12 month high of $16.90. The stock’s 50 day moving average is $15.28 and its 200-day moving average is $15.25.

RiverNorth Capital and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.1398 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date of this dividend is Friday, December 13th. RiverNorth Capital and Income Fund’s dividend payout ratio (DPR) is presently 112.00%.

RiverNorth Capital and Income Fund Profile

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.